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Photo: Mandel Ngan/Pool via Getty Images

Facebook CEO Mark Zuckerberg and Twitter CEO Jack Dorsey will testify before the Senate Judiciary Committee on Nov. 17, the panel announced Friday.

The big picture Conservatives are angry that Twitter and Facebook made moves to limit the spread of the New York Post's controversial Hunter Biden coverage, and authorized subpoenas for their testimony this week.

Between the lines: Although the executives have seemingly agreed to come voluntarily, the panel still made a notable concession in scheduling the hearing. Senate Judiciary Republicans had wanted to have the hearing before the election.

Context: The hearing will focus on, the committee says, "the platforms' censorship and suppression of New York Post articles, and provide a valuable opportunity to review the companies' handling of the 2020 election."

  • Dorsey and Zuckerberg, along with Google's Sundar Pichai, are also slated to testify before the Senate Commerce Committee on Oct. 28 about Section 230 and content moderation.

Go deeper

App rush: Talent over trash

Data: Knight First Amendment Institute at Columbia University. Chart: Michelle McGhee/Axios

Amid the sea of pollution on social media, another class of apps is soaring in popularity: The creators are paid, putting a premium on talent instead of just noise.

The big picture: Creator-economy platforms like Patreon, Substack and OnlyFans are built around content makers who are paid. It's a contrast to platforms like Facebook that are mostly powered by everyday users’ unpaid posts and interactions.

Dion Rabouin, author of Markets
40 mins ago - Economy & Business

The digital dollar is now high priority for the Fed

Illustration: Aïda Amer/Axios

The U.S. is starting to get serious about a central-bank-backed digital currency, with recent comments from top officials laying out the strongest support yet.

Driving the news: On Tuesday Fed chair Jerome Powell told Congress that developing a digital dollar is a "high priority project for us," but added that there are "significant technical and policy questions."

Dan Primack, author of Pro Rata
2 hours ago - Economy & Business

Coinbase files to go public

Illustration: Eniola Odetunde/Axios

Cryptocurrency exchange Coinbase on Thursday filed to go public via a $1 billion direct listing.

Why it matters: This comes in the midst of a crypto boom, and the listing may further legitimize the industry.